http://goldandsilverblog.com Gold and Silver News & Commentary Tue, 27 Jul 2010 19:46:30 +0000 http://backend.userland.com/rss092 en There might be a chance for proof versions of the American Silver Eagle after all. Shortly after my post on the dimming prospects of the 2010 Proof Silver Eagle, US Mint Director Edmund Moy delivered testimony to the Subcommittee on Domestic Monetary Policy and Technology on "The State of U.S. Coins ... http://goldandsilverblog.com/proof-silver-eagles-possible-with-change-in-law/ One of the consequences of the record pace of United States Mint silver bullion coins might be the cancellation of the popular Proof American Silver Eagle for the second year running. The Proof Silver Eagle had been issued each year from 1986 to 2008. During this period, it has sold between ... http://goldandsilverblog.com/2010-proof-silver-eagles-at-risk-of-cancellation/ Through June 30, 2010, the United States Mint has sold 18,168,500 ounces of silver bullion and 833,500 ounces of gold bullion. If the current pace is maintained for the rest of the year, US Mint silver bullion sales will break another record and gold will be within the top four ... http://goldandsilverblog.com/us-mint-silver-bullion-sales-on-record-pace-gold-sales-strong/ Although gold and silver are experiencing a sharp decline today, they recorded strong performance during the second quarter of 2010. Platinum and palladium both posted declines for second quarter, but maintain gains for the year to date. The table below shows the last London Fix Price of 2009 for each metal ... http://goldandsilverblog.com/gold-silver-platinum-palladium-2010-second-quarter-performance/ A selection of recent articles on gold and silver from across the internet: Gold reclaims its currency status as the global system unravels - Telegraph.co.uk "Central banks of Russia, the Philippines, Kazakhstan and Venezuela have been buying gold, and Saudi Arabia’s monetary authority has 'restated' its ... http://goldandsilverblog.com/gold-currency-status-gata-interview-gold-and-silver-prices/ During May 2010, the United States Mint's gold and silver bullion sales levels reached their highest level in a decade or more for the two most popular offerings. This heavy demand for physical gold was experienced by several world mints last month, driven by concerns and uncertainty about Greece and ... http://goldandsilverblog.com/us-mint-gold-and-silver-bullion-sales-highest-in-more-than-a-decade/ I suppose it's natural that escalating gold prices would lead to smaller sized gold coin offerings. As the price has increased, standard sized gold bullion offerings grow more expensive, and perhaps out of reach for some smaller scale investments. The Perth Mint recently introduced a half gram gold coin called the ... http://goldandsilverblog.com/perth-mint-mini-roo-half-gram-gold-coin/ The World Gold Council has released Gold Demand Trends for the First Quarter of 2010. The report indicates a drop in gold demand for the covered period, but suggests that demand will be strong for the rest of the year. Identifiable gold demand during the first quarter of 2010 was 760.2 ... http://goldandsilverblog.com/2010-first-quarter-gold-demand/ There have been numerous recent reports about the surging demand for physical gold. It has been mostly concentrated in Europe, but there have also been signs of new waves of demand hitting the U.S. This is a big shift from earlier this year. For the first two months of 2010, the ... http://goldandsilverblog.com/demand-for-physical-gold-surging/ Closely behind the release of the 2010 Gold Buffalo bullion coins, the United States Mint has two more gold products on the way. This includes the collectible proof version of the Gold Buffalo and fractional weight American Gold Eagles. The 2010 Proof Gold Buffalo is now scheduled for release on June ... http://goldandsilverblog.com/2010-proof-gold-buffalo-and-2001-fractional-gold-eagles/